SEQUENT SCIENTIFICABove 160 closing on day chart, can trigger some great upcomes.
as 160 was the ipo base breakout as well and it was a critical support as well.
Buy this above 160 for a sharp rally for 100% upside.
Fundamentals are improving slowly and same is observed In the chart pattern as well.
India's one of the largest Animal health care product company.
Disclaimer: only for education purposes, no buy or sell recommendation. we are not sebi registered. always discuss first with your financial advisors
SEQUENT
SEQUENT - Bullish Consolidation with VolumesNSE: SEQUENT is closing with a bullish consolidation candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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SEQUENT - Symmetrical Triangle + Bullish H&S pattern - SwingThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Also, the final target is more than 50% from here and thus price may take few months to reach the final target.
Trade setup is explained in image itself.
Also check out the formation of Bullish H&S pattern in hourly Time frame
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
Sequent ScientificComing out of a VCP or a cup and handle pattern.
Awaiting a breakout.
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